BFD-MONTAGE
ActiveBFD-MONTAGE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €-12k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 67% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-67
Solvency87▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 4.09 in 2024; short-term debt: 28.7% and cash: 3.8% of total assets), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.3%
Return on assets
-11.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
2 d early
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▼ 15.6%
2024 · €74k
2019: €57k
2020: €75k
2021: €74k
2022: €75k
2023: €72k
2024: €74k
2019 → 2025
Total assets
€101k▼ 8.6%
2024 · €110k
2019: €165k
2020: €157k
2021: €131k
2022: €117k
2023: €109k
2024: €110k
2019 → 2025
Net result
€-12k
2024 · €2k
2019: €-364
2020: €18k
2021: €-231
2022: €1k
2023: €-3k
2024: €2k
2019 → 2025
Working capital
€68k▼ 18.3%
2024 · €83k
2019: €47k
2020: €68k
2021: €71k
2022: €73k
2023: €81k
2024: €83k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€75k▲ 1.4%€72k▼ 4.2%€74k▲ 2.8%€63k▼ 15.6%
Operating result€287-€4k▲ 1,297%€-568€4k€-13k
Net result€-231-€1k€-3k€2k€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€4k▲ 921%
Current assets
€97k▼ 12.0%
Equity and liabilities €101k
Equity
€63k▼ 15.6%
Debt
€38k▲ 5.8%
The debt ratio rises from 32.6% to 37.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2024 · €4k
Cash flow
€-11k▼
2024 · €2k
Solvency
62.3%▼
2024 · 67.4%
Current ratio
3.34▼
2024 · 4.09
Quick ratio
3.34▼
2024 · 4.09
Debt / equity
0.61▲
2024 · 0.48
ROE
-18.5%▼
2024 · 2.8%
ROA
-11.6%▼
2024 · 1.9%
Interest coverage
-73.78▼
2024 · 6.72
Debt
€38k▲
2024 · €36k
Debt ≤ 1 year
€29k▲
2024 · €27k
Staff costs
€36k▼
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€110k€101k▼
Fixed assets21/28€390€4k▲
Tangible fixed assets22/27€390€4k▲
Land and buildings22€390€260▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€4k▲
Current assets29/58€110k€97k▼
Amounts receivable after more than one year29€45k€45k=
Trade receivables290€45k€45k=
Amounts receivable within one year40/41€57k€44k▼
Trade receivables40€56k€42k▼
Other amounts receivable41€801€1k▲
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€110k€101k▼
Equity10/15€74k€63k▼
Contributions10/11€19k€19k=
Reserves13€56k€56k=
Non-distributable reserves130/1€38k€38k=
Reserves not available under the articles1311€38k€38k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-1k€-13k▼
Amounts payable17/49€36k€38k▲
Amounts payable within one year42/48€27k€29k▲
Trade debts44€15k€24k▲
Suppliers440/4€15k€24k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€3k-
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€4k€258▼
Accrued charges and deferred income492/3€9k€9k=
Income statement
Code20242025
Remuneration, social security and pensions62€39k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130€517▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€45k€25k▼
Operating profit (loss)9901€4k€-13k▼
Financial income75/76B€1k€1k=
Recurring financial income75€1k€1k=
Financial charges65/66B€656€165▼
Recurring financial charges65€656€165▼
Profit (loss) for the period before taxes9903€5k€-12k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€2k€-12k▼
Profit (loss) for the period to be appropriated9905€2k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-13k▼
Profit (loss) brought forward from the previous period14P€-3k€-1k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-12k ▼666%
Net result drops to €-12k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beekkant 53550 Heusden-ZolderGround area
1,063 m²
Building footprint
158 m²
Volume, LiDAR
665 m³
Parcel 71462E0407/00C000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beekkant 5, 3550 Heusden-Zolder
since 19992.091.347.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462E0407/00C000 | Flanders | 1,063 m² | 1 · 158 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DE CLEYN EN ZOON
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ALVAMA
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Atout fer
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-04-1999
Fiscal year end31-03
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.